dividend, page-4

I'm gonna stay negative at this stage even though i think CER is an amazing buy for long term on my limited and flawed research.

Although profits will be a lot higher this year on a balance sheet perspective, Their income has dropped due to aussie dollar being higher as well as we are only now just recovering our lost leases and rental from the dark days of last year.

I am still unsure of how taxable income will be calculated and this will determine the dividend payed out to us. Just as the 2 financial years prior.

There are other factors however that may have increased the dividend this time around though. Major one being debt has been payed down reducing interest and increasing earnings.

Although our profit has increased and has reflected in our rising NTA, This is something for the newspapers to print but does not equate to cash coming through the tills.